Everest Consolidator Acquisition Closes $172.5M IPO

Everest Consolidator Acquisition closed its IPO of 17.25 million units, which included the full exercise of the underwriter’s over-allotment option, at $10 per unit.

Units trade on the NYSE under MNTN.U.

The new SPAC plans to target businesses in the wealth management industry, including independent financial advisory providers as well as wealth management-focused technology companies.

Everest Consolidator is led by CEO, President, Treasurer, and Director Adam Dooley, who is founder, chairman and CEO of PE firm of Belay International. Read more.

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